Description: McDonald’s plans to increase employee’s pay by $1 from the minimum local wage; this will apply only to McDonald’s operated locations and not to those run by franchisees—franchisees account for 90% of all McDonald’s locations. Source: Business News Network Date: April 02, 2015 Link: http://www.bnn.ca/News/2015/4/2/McDonalds-will-raise-worker-pay-by-more-than-10-Journal-says.aspx Questions for Discussion: Why has McDonald’s decided to increase… Read more »
Posts Tagged: Strategic Human Resource Management (pp297-298)
Kraft and Heinz to Merge
Description: In a major development in the food industry, Kraft Foods Group and Heinz Co. are merging their operations to create a single company with $28 billion in revenue. Warren Buffet proclaimed to play a role in setting-up the merger. There seems to be a major shake-up on the cards for the packaged food business…. Read more »
Big Bonuses in Detroit
After a near collapse of the United States automobile industry and record bailouts by the U.S. Government, automakers are offering huge bonus payments to their UAW employees. Workers believe the move is justified because they made equally large concessions to help their employers get through tough times. The payments are being made in advance of… Read more »